Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Zim Integrated Shipping Services Ltd (NYSE: ZIM) closed the day trading at $15.86 down -3.94% from the previous closing price of $16.51. In other words, the price has decreased by -$3.94 from its previous closing price. On the day, 6.3 million shares were traded. ZIM stock price reached its highest trading level at $16.5 during the session, while it also had its lowest trading level at $15.83.
Ratios:
For a better understanding of ZIM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.54. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.16.
On October 02, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 12 ’24 when Ben-Amram Eyal bought 26,945 shares for $19.10 per share.
Ben-Amram Eyal bought 3,055 shares of ZIM for $62,139 on Dec 11 ’24. On Nov 22 ’24, another insider, Kenon Holdings Ltd., who serves as the 10% Owner of the company, bought 14,843,478 shares for $24.23 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZIM now has a Market Capitalization of 1910463872 and an Enterprise Value of 5510761472. As of this moment, Zim’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.621 whereas that against EBITDA is 1.891.
Stock Price History:
The Beta on a monthly basis for ZIM is 1.68, which has changed by -0.11247903 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, ZIM has reached a high of $29.00, while it has fallen to a 52-week low of $11.03. The 50-Day Moving Average of the stock is -4.16%, while the 200-Day Moving Average is calculated to be -15.31%.
Shares Statistics:
Over the past 3-months, ZIM traded about 6.47M shares per day on average, while over the past 10 days, ZIM traded about 5671930 shares per day. A total of 120.46M shares are outstanding, with a floating share count of 119.04M. Insiders hold about 1.18% of the company’s shares, while institutions hold 48.43% stake in the company. Shares short for ZIM as of 1749772800 were 22567510 with a Short Ratio of 3.49, compared to 1747267200 on 21903137. Therefore, it implies a Short% of Shares Outstanding of 22567510 and a Short% of Float of 18.959999.
Dividends & Splits
ZIM’s forward annual dividend rate is 7.62, up from 7.65 a year ago. Against a Trailing Annual Dividend Yield of 0.46335554
Earnings Estimates
The current rating of Zim Integrated Shipping Services Ltd (ZIM) reflects the combined expertise of 3.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.34, with high estimates of $0.56 and low estimates of $0.15.
Analysts are recommending an EPS of between $3.95 and $2.64 for the fiscal current year, implying an average EPS of $3.43. EPS for the following year is -$0.81, with 3.0 analysts recommending between $1.55 and -$3.03.
Revenue Estimates
4 analysts predict $1.81B in revenue for the current quarter. It ranges from a high estimate of $1.96B to a low estimate of $1.66B. As of the current estimate, Zim Integrated Shipping Services Ltd’s year-ago sales were $1.93BFor the next quarter, 4 analysts are estimating revenue of $1.73B. There is a high estimate of $1.8B for the next quarter, whereas the lowest estimate is $1.66B.
A total of 4 analysts have provided revenue estimates for ZIM’s current fiscal year. The highest revenue estimate was $7.19B, while the lowest revenue estimate was $6.96B, resulting in an average revenue estimate of $7.07B. In the same quarter a year ago, actual revenue was $8.43BBased on 6 analysts’ estimates, the company’s revenue will be $6.04B in the next fiscal year. The high estimate is $6.84B and the low estimate is $5.17B.
